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RRB NTPC 2017 · Question 15 of 1076

'A' invests Rs.10,000 for 3 years at a certain rate of interest At the end of the second year, it amounts to Rs.11 ,664. Calculate the rate of interest per annum, if interest is compounded annually.

  1. A7.9
  2. B8.5
  3. C8.7
  4. D8.0Correct

Answer: D. 8.0

Official answer key verified. Detailed explanation coming soon.

Source: RRB NTPC Tier-2 (CEN 03/2015) 18-Jan-2017 Shift-2 — solved paper with answer key · reliable-secondary

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